News & Analysis as of

Elder Issues

Mandelbaum Barrett PC

Medicaid Under Threat: How Budget Cuts Will Harm New Jersey’s Most Vulnerable

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Last month, House Republicans introduced a budget resolution that would drastically cut funding for social welfare programs such as Medicaid and the Supplemental Nutrition Assistance Program (“SNAP”) if passed. Unfortunately,...more

Mandelbaum Barrett PC

Elder Law and Special Needs Newsletter: March 2025 Issue

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New Jersey Officially Introduces Driver’s License Notation for Autistic Motorists - Autistic motorists in New Jersey, as well as their parents/guardians, are now able to request that their autism diagnoses be notated on...more

Hudson Cook, LLP

CFPB Bites of the Month - December 2024 - Run, Run Rudolph, CFPB Ain't Too Far Behind

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In this month's article, we share some of our top "bites" for the prior months covered during the December 2024 webinar....more

Harris Beach Murtha PLLC

A Balanced Approach: 10 Key Strategies to Minimize Bad Debt and Avoid Involuntary Terminations in Senior Living Communities

Senior living communities operate in a highly regulated and financially demanding environment, requiring operators to maintain fiscal stability while delivering exceptional care. As the senior population grows, providers face...more

Allen Matkins

California May Soon Require Companies To Submit Elder Abuse Prevention Plans

Allen Matkins on

California legislators are introducing the first bills in the current biennium.  One of these bills, AB 83 (Pacheco), would add an entirely new division to the California Financial Code.  This new division would consist of a...more

Troutman Pepper Locke

New York Federal Court Grants Bank’s Motion to Dismiss in Wire Fraud Case Involving Elderly Customer

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On December 18, the U.S. District Court for the Southern District of New York granted a bank’s motion to dismiss the complaint in a case involving wire transfers of an elderly customer who was the victim of an internet scam....more

Mandelbaum Barrett PC

Elder Law and Special Needs Newsletter: December 2024 Issue

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The Great Wealth Transfer: Preparing the Next Generation - The great wealth transfer is underway in America. Through 2045, Baby Boomers will pass down approximately $84 trillion to Gen Z, Millennials, and Gen X. But what...more

Nutter McClennen & Fish LLP

Nutter Bank Report: December 2024

CFPB Imposes $5 Cap on Overdraft Fees Charged by Large Banks - The CFPB has adopted a final rule capping overdraft fees at $5 for banks and other depository institutions with more than $10 billion in assets (covered...more

Mandelbaum Barrett PC

Understanding Loneliness and Its Impact on Senior Health

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Research has increasingly shown a connection between loneliness and adverse health outcomes, including a higher risk of premature death, serious health issues, and elevated suicide rates. Loneliness—a sense of disconnection...more

Bressler, Amery & Ross, P.C.

Interagency Statement on Elder Financial Exploitation

On December 4, an Interagency Statement on Elder Financial Exploitation (the “Interagency Statement”) was issued by the Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB),...more

Stotler Hayes Group, LLC

Avoiding Transfer Penalties: How to Identify Successful Strategies to Remove Penalties on Medicaid Eligibility for the Skilled...

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Medicaid is the primary payer for 63% of nursing facility residents, propping up a large part of the industry’s funding. ...more

Orrick, Herrington & Sutcliffe LLP

Agencies issue guidance on elder financial exploitation

On December 4, the CFPB, the FDIC, the Fed, FINCEN, the NCUA, the OCC and state financial regulators issued a statement titled the “Interagency Statement on Elder Financial Exploitation” to provide supervised financial...more

Weber Gallagher Simpson Stapleton Fires &...

Ten Quick Thoughts On Gray Divorce

I have been seeing more and more articles on the concept known as “gray divorce,” a situation where more mature individuals resolve to get divorced in their sixties, seventies and even older....more

Troutman Pepper Locke

Federal and State Financial Agencies Issue Guidance on Elder Financial Exploitation

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Earlier this week, the Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National...more

McGuireWoods LLP

Senior Living Alert: Senior Care Impact — Results From 2024 Elections

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The 2024 elections brought significant shifts and challenges at both state and national levels, with senior care emerging as a key focus in some regions while remaining underemphasized in others. From California’s ongoing...more

Ius Laboris

How are countries responding to the ageing workforce challenge?

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An ageing population is an irreversible global trend, and it risks posing serious challenges over the next few decades. ...more

Mandelbaum Barrett PC

Elder Law Alert: IRS Issues Guidance on Exceptions to Early Distribution Penalty from Retirement Plans

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The Internal Revenue Service (IRS) recently issued guidance on two new exceptions to the tax on early distributions from certain eligible retirement plans. This guidance, outlined in Notice 2024-55 (IR 2024-170, 6/20/2024),...more

McGuireWoods Consulting

How 2024 State Elections Could Impact Future Of Senior Care

State election outcomes can fundamentally reshape policies governing senior living facilities, as evidenced by how executives such as Gov. Glenn Youngkin of Virginia wielded veto power over industry-specific legislation and...more

Hinshaw & Culbertson - Lawyers' Lawyer...

The Ghosts of Clients Past – Financial Elder Abuse Claims Against Estate Planners

In states with Financial Elder Abuse statutes, legal malpractice claims by seniors invoking those statutes are common. These laws are generally understood to address the conversion of property of elderly or dependent adults...more

McGuireWoods LLP

Senior Living Alert: How 2024 State Elections Could Impact Future of Senior Care

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State election outcomes can fundamentally reshape policies governing senior living facilities, as evidenced by how executives such as Gov. Glenn Youngkin of Virginia wielded veto power over industry-specific legislation and...more

Mandelbaum Barrett PC

License Renewals: Understanding the New Rules for Senior Drivers

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The Role of Cars in Our Culture - In today’s society, cars are a fundamental part of everyday life, serving as the primary mode of transportation for many across the United States. This reliance is particularly significant in...more

Rivkin Radler LLP

The ‘Driving Discussion’

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This article discusses the sensitive topic of how to know when it’s time to relinquish the car keys once people realize they are no longer able to drive safely. As we age, we may start dreading the eventual “driving...more

GeoDataVision

Elder Abuse-Financial Exploitation and Fraud

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Len and Dean discuss the alarming issue of elder abuse in their 78th and 79th podcasts. Dean expresses concern, especially since he has elderly parents, and highlights recent statistics from FinCEN and the FBI on elder...more

Arnall Golden Gregory LLP

AGG Talks: Healthcare Insights Podcast - Episode 6: Charting the Future of Nursing Home Staffing

In this episode, AGG Healthcare attorneys Lisa Churvis and Alan Horowitz discuss critical aspects of nursing home staffing requirements. Lisa and Alan delve into the implications of recent legislative proposals and regulatory...more

Bricker Graydon LLP

[Event] August Bridge Series - August 1st, Cincinnati, OH

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Embrace the positive momentum with the August Bridge Series, shining a spotlight on the advancements in senior care. Guided by Dan Burke and featuring a panel of local leaders including Suzanne Burke, President & CEO of the...more

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